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  9. Q16
Question 16

The excess of cost of goods sold over net sales is

  • A.Gross profit
  • B.Gross loss
  • C.Net profit
  • D.Net loss
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2016
Question no.
#16
Type
Objective
Previous · Q15The balance sheet is prepared to reveal Next · Q17 Use the following information to answer this questions. Rent prepaid - 1/01/2014…

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